Chartered Surveyors in shenley
We are a firm of Chartered Surveyors based in London providing a range of Residential Valuations and Surveys. We are also RICS (Royal Institution of Chartered Surveyors) Registered Valuers.
Market VALUATION REPORTS
Shared Ownership & Shared Equity
RICS HOME SURVEYS
If you’re unfortunate enough to be involved with litigation, you may need an Independent assessment of Market Value, one not influenced by any party to the litigation.
We are often appointed either jointly by the parties to a litigious matter, by the Court directly or by solicitors acting for one of the parties with the others agreement. Whichever way we are appointed, if our report can be used in legal proceedings, we are under RICS requirements to act completely impartially.
Our duty of care, irrespective of who appoints and who pays us is then to the Court process. This means that we shall provide a completely independent Market Valuation report.
Market Valuation reports for litigation can be for a variety of purposes, including issues such as Matrimonial asset disputes and division of property to professional negligence claims against other Chartered Surveyors to more unusual claims such as Property theft, abuse of trust and accusations of underselling.
Our Chartered Surveyors are RICS Registered Valuers and all Court compliant Market Valuation reports are undertaken at Director level.
Statutory tax valuations
As the saying goes, there are two things that are certain in life – death and taxes.
Unfortunately, in the case of Inheritance tax, it is also linked to death. We realise that if a loved one has died, the last thing you want to do is to have to deal with legal and regulatory requirements like seeking probate or a grant of representation which is part of the same process.
To gain probate, if the value of the estate is close to the inheritance tax threshold (£325,000 at time of writing), your solicitor is likely to inform you that you need an Inheritance Tax Market Valuation. HMRC used to accept Estate Agents opinions but in recent years, due to lack of regulation, qualifications and sadly, sometimes the motive in providing an opinion, they now ask for valuations by an RICS Registered Valuer, typically a Chartered Surveyor. These reports are far more comprehensive, taking into account the relevant statutory definition of Market Value as well as the principles in the RICS Red Book.
Market Valuations for Capital Gains tax are designed to aid your accountant or financial advisor (sometimes even a solicitor) in calculating the amount of Capital Gains tax payable.
They determine the value of the property at a given date, often when it was transferred into or out of a company or dates connected with when an owner ceased being a UK resident.
All of our qualified Surveyors have obtained the designation of RICS Registered Valuers and have significant experience providing such valuation reports.
rics home surveys
A Home Survey is an inspection of a property to determine its condition, undertaken by an expert in building pathology. The Surveyor visits the property, carries out a very thorough inspection and then reports back on any problems they have uncovered.
There are different types of Home Surveys available, with the choice of which one to take dependent on the type of property and requirements. In the service grid above, we provide links to pages on Level 1, 2 and 3 Surveys as well as snagging reports.
At Websters Surveyors, we carry out surveys ranging from entry level Condition reports to thorough Building surveys. Each survey has a purpose and our team can help you decide on which survey is best for you.
The most common type of survey is the HomeBuyer survey. It is adequate for almost all property types and will provide enough detail and advice that will help the buyer make a more informed decision or in some cases help them negotiate a better purchase price or ask the seller to undertake works prior to exchange of contracts. For more information, speak to a member of our team today